The Indian stock market opened on a positive note on Friday, with the Sensex rising 157 points to trade above 77,500, while the Nifty crossed the 25,500 mark, reflecting broad-based buying in early trade.
Key highlights:
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Sensex: Up by 157 points, led by gains in financials, IT, and auto stocks.
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Nifty 50: Opened above the 25,500 level, continuing its bullish momentum after recent record highs.
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Eternal (Eternal Buildtech or Eternal Energy, depending on ticker context): Shares rose 2%, possibly driven by renewed investor interest or sectoral tailwinds.
The early optimism is attributed to:
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Strong foreign institutional investor (FII) inflows.
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Global markets trading firm.
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Positive macro signals ahead of Q1 earnings season.
Sectors showing strength in early trade include auto, banking, and energy. Market participants will closely watch upcoming inflation data, Q1 corporate earnings, and global cues for further direction.
